5235 Chestnut Street presents the opportunity to acquire a mixed-use development site approved for 204 residential units in the heart of West Philadelphia.
Features include:
- 100% as-of-right CMX-2.5 design
- Issued zoning permit
- Civic Design Review completed
- Streets Department Developer Services meeting completed
- Clean Phase I Environmental Study
Situated within a Qualified Opportunity Zone and just steps from the 52nd Street Market-Frankford Line and the historic 52nd Street commercial corridor, 5235 Chestnut Street is positioned for a high-density, transit-oriented residential development with no parking requirement. The project reflects an extensive predevelopment effort that has advanced every major component of the entitlement process, including compliance with the City’s mixed-income housing requirements, providing a future developer with a substantially shortened path to construction.
The property is for sale for $3,600,000.
